Agreement To Split Proceeds Of Sale Template UK

The Agreement To Split Proceeds Of Sale Template UK is offered in multiple formats, including PDF, Word, and Google Docs, featuring both editable and printable versions for your convenience.


Sample

Agreement To Split Proceeds Of Sale Template UK

Editable – Printable



Agreement To Split Proceeds Of Sale Template UK

1. Party Information


2. Co-Party Information


3. Agreement Details


4. Terms of Sale

5. Distribution of Proceeds

6. Costs and Deductions

7. Responsibilities of the Parties

8. Dispute Resolution

9. Confidentiality Agreement

10. Amendments

11. Signatures and Agreement Acknowledgment




PDF


WORD

Examples


Agreement To Split Proceeds Of Sale Template UK (1)
Between:
[Name of Party A]
[Party A’s ID]
[Party A’s Address]
[Party A’s Phone]
[Party A’s Email]
And:
[Name of Party B]
[Party B’s ID]
[Party B’s Address]
[Party B’s Phone]
[Party B’s Email]
Introduction:
This agreement outlines the terms and conditions for the division of proceeds resulting from the sale of [Description of the Item or Property being sold], commencing on [Start Date].
Clause 1: Purpose of the Agreement
The Parties agree to collaborate in the sale of [Specify Item/Property] and share the proceeds generated from the sale as detailed herein.
Clause 2: Division of Proceeds
The proceeds from the sale shall be split as follows: [Specify percentage or amount for each party, e.g., 50% to Party A and 50% to Party B].
Clause 3: Responsibilities of Each Party
Party A is responsible for [list specific responsibilities, e.g., marketing the item, handling inquiries]. Party B will [list specific responsibilities, e.g., manage the sale process, finalize legal documentation].
Clause 4: Payment of Proceeds
Proceeds will be distributed to both parties within [Specify Time Frame, e.g., 14 days] of the completion of the sale. Payment methods shall include [Specify methods, e.g., bank transfer, cheque].
Clause 5: Termination of Agreement
Either party may terminate this agreement with [Notice Period, e.g., 30 days] written notice under agreed conditions, including mutual consent or breach of terms.
Clause 6: Governing Law
This agreement shall be governed by the laws of [Jurisdiction, e.g., England and Wales]. Any disputes arising from this agreement shall be resolved in accordance with these laws.
Signed in [City], [Date].
Sincerely,
[Signature of Party A]
[Name of Party A]
[Signature of Party B]
[Name of Party B]
Agreement To Split Proceeds Of Sale Template UK (2)
Between:
[Name of Party A]
[Party A’s ID]
[Party A’s Address]
[Party A’s Phone]
[Party A’s Email]
And:
[Name of Party B]
[Party B’s ID]
[Party B’s Address]
[Party B’s Phone]
[Party B’s Email]
Introduction:
This agreement details the understanding between the parties regarding the division of proceeds from the sale of [Description of the Item or Property], which is set to commence on [Start Date].
Clause 1: Objective of the Agreement
The Parties agree to engage in the sale of [Specify Item/Property] and to split the proceeds as defined in this agreement.
Clause 2: Allocation of Proceeds
The proceeds from the sale will be divided as follows: [Define the exact percentage or figures agreed upon by the parties].
Clause 3: Duties of Each Party
Party A shall undertake [list responsibilities, e.g., advertisement and buyer interactions]. Party B is responsible for [list duties, e.g., negotiating sales terms and payments].
Clause 4: Distribution of Funds
Distribution of the proceeds will occur within [Define Time Frame] following the conclusion of the sale. Payments will be made via [Payment Methods].
Clause 5: Termination Procedures
This agreement may be cancelled by either party with written notification of [Notice Period] under specific agreed conditions [include conditions].
Clause 6: Governing Jurisdiction
The terms of this agreement shall be governed by laws applicable in [Jurisdiction] and any disputes that arise will be settled within that framework.
Signed in [City], [Date].
Sincerely,
[Signature of Party A]
[Name of Party A]
[Signature of Party B]
[Name of Party B]

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Agreement To Split Proceeds Of Sale Template UK